In 2012, the US dollar was valued at 1,200 dinars. In 2012, many people decided to start dinar trading. When you do dinar trading, you are trading in a US dollar for Iraqi Dinar. One day in the future, iraqi currency will improve and the iraqi dinar revalue will increase tremendously, and the US currency you had traded will become a huge pay off.
Throughout the years, different dinars were introduced. In 1991, 50 and 100 dinars were brought onto the market, with 250 dinar notes following closely behind in 1995, and 10,00 dinar notes 7 years later in 2002. Previous to 2002, the highest denominated printed was 250 dinars, despite the collapse in value of the iraqi dinar.
Because Iraq has few exports besides oil which is soldi in US dollars, there is not that high of a demand for Dinars, which is why they remain in the exotic status. Iraqi dinars being such an exotic treasure is just another reason to become involved with dinar trading.
You may be wondering how you will know if your dinars are authentic. Each dinar gets put through the DeLaRue authenticity verification processing machine, plus you will know your dinar is authentic by several distinguishing marks on each note. When dinar trading, be aware that it may be difficult to trade back to your US dollars until the market opens back up for the resale of the dinars.
Until markets develop for the resale of Iraqi Dinars, it may be difficult for you to liquidate your Iraqi Dinars or exchange them for US Dollars. However, that does not mean participating in dinar trading will not be worth the wait!
DeLaRue authenticity verification processing machine